SWISS RE LTD/S (OTCMKTS:SSREY) has received an average recommendation of “Hold” from the five ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $27.00.
Several research analysts have recently weighed in on SSREY shares. Deutsche Bank raised shares of SWISS RE LTD/S from a “hold” rating to a “buy” rating in a report on Tuesday, November 27th. Zacks Investment Research raised SWISS RE LTD/S from a “sell” rating to a “buy” rating and set a $27.00 target price on the stock in a research note on Saturday, March 9th.
Shares of SWISS RE LTD/S stock traded up $0.18 during trading on Thursday, hitting $24.61. The stock had a trading volume of 12,677 shares, compared to its average volume of 67,694. The stock has a market cap of $34.98 billion, a P/E ratio of 72.38 and a beta of 0.29. SWISS RE LTD/S has a 12 month low of $21.16 and a 12 month high of $25.62.
Swiss Re Ltd, together with its subsidiaries, provides wholesale reinsurance, insurance, and other insurance-based forms of risk transfer worldwide. The company operates through four segments: Property & Casualty Reinsurance, Life & Health Reinsurance, Corporate Solutions, and Life Capital. It underwrites casualty, property and specialty, agriculture, aviation, engineering, marine, life and health, retakaful, solvency II, and facultative reinsurance products, as well as trade credit, surety, and political risk reinsurance; structured reinsurance solutions; and insurance-linked securities.
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